Per the EIA’s Weekly Petroleum Status Report, average weekly ethanol production averaged more than a million barrels per day for the 16th straight week. Production fell 15,000 barrels a day to 1.04 million b/d. The current production rate is number seven on the all-time high list. Gasoline demand faltered, dropping by 508,000 barrels per day or 5.7%…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...